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    Silver Bay, MN
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    Silver Bay, MN Residential Land & Home Lots for Sale

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    Beaver Bay, MN Finland, MN Schroeder, MN Two Harbors, MN Isabella, MN
    6 properties
    LAND - Silver Bay, MN
    Updated: Jul 13
    LAND - Silver Bay, MN

    Aspen Lane, Silver Bay, MN 55614

    $180,000
    3.22 AC lot
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    Waterfront Land Parcel
    Updated: Jul 18
    Waterfront Land Parcel

    Mountain Home Trl, Little Marais, MN 55614

    $325,000
    27.50 AC lot
    27.5‑acre wooded land parcel in Little Marais, MN 55614
    Overlooks Lake Superior with views from a high elevation
    Located just off Highway 61 for convenient access while maintaining seclusion
    Private retreat setting with densely wooded terrain and natural surroundings
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    Build-Ready Wooded North Shore Parcel
    Build-Ready Wooded North Shore Parcel

    000 Aspen Lane, Silver Bay, MN 55614

    $180,000
    3.20 AC lot

    3.2-acre wooded parcel with completed survey, septic tests, and electric available at the road.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Buildable Land Parcel
    Residential Buildable Land Parcel

    6298 Highway 1, Silver Bay, MN 55614

    $195,000
    17.50 AC lot

    Build-ready acreage with a 2019 drilled well, power, and storage structures, accessible from Hwy 1 and Mattson Rd.

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    Land
    Land

    5030 Mount Rockwood Rd, Silver Bay, MN 55614

    $295,000

    Land

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    Lake Superior Land Opportunity
    Lake Superior Land Opportunity

    Sawtooth Cir, Silver Bay, MN

    Contact for pricing
    2.72 AC lot

    Lakefront development with lake views and beach access.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land with Designated Build Site
    Waterfront Land with Designated Build Site

    9223 W Highway 61, Schroeder, MN 55613

    $239,000
    40.00 AC lot

    40-acre North Shore parcel near Sugar Loaf Beach with surveyed work, wetland delineation, and an established build site.

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    Wooded Homesite Land Parcel
    Wooded Homesite Land Parcel

    435 Cramer Rd, Schroeder, MN 55613

    $84,500
    2.43 AC lot

    2.43-acre wooded parcel with a hand-dug well, a start of driveway, and a cleared building site for a homesite or cabin.

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    LAND - Two Harbors, MN
    LAND - Two Harbors, MN

    12XX Reeves Road, Two Harbors, MN 55616

    $125,000
    19.90 AC lot

    Recreation land · 19.90 Acres

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    Two Harbors 17-Acre Development Site
    Two Harbors 17-Acre Development Site

    1045 Hwy 61, Two Harbors, MN

    Contact for pricing
    17.00 AC lot

    17 acres in Two Harbors, suitable for multiple development options.

    View details

    Silver Bay, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 6 residential land & home lots for sale in Silver Bay, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 2,358,338 square feet of properties for sale, with an estimated market value of $1,175,000.

    Sale prices for home sites in Silver Bay, MN start at $180,000, averaging $235,000, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 5
    Hunting land 3
    Recreation land 2
    Agricultural land / Farmland 1
    Commercial land 1

    Demographics Overview

    Population 2,450
    Population Growth (5Y) +5.3%
    Median Household Income $74,313
    College Educated 28.3%

    High-Yield Neighborhoods for Investment

    Identify Silver Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55614 $180K

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $22.41 per SF
    Tax Rate vs County Average 0.49 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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